NEWS WRAP: Hesai drives beyond China in new tie-up with Germany’s Webasto
The Chinese company will supply its light detection and ranging (LiDAR) technology used in autonomous driving to the German maker of automotive roof systems By Teri Yu Automotive light…
HSAI.US
FAST NEWS: Trip.com’s profit rockets as hotel bookings soar
The latest: Leading online travel agent Trip.com Group Ltd. (9961.HK; TCOM.US) on Tuesday reported its net profit increased 14-fold year-on-year to 648 million yuan ($88.9 million) in the second quarter. Looking…
TCOM.US
9961.HK
FAST NEWS: Yeahka’s operating profits soar on post-Covid rebound
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) announced on Thursday its net profit for the first half of the year fell 55.8% year-on-year to 33.16 million yuan ($4.55 million). But…
9923.HK
FAST NEWS: CIMC Vehicles profit hits record on strong overseas growth, one-time gain
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported Wednesday its net profit for the first half of 2023 surged 419% year-on-year to 1.9 billion yuan ($261 million),…
1839.HK
301039.SHE
FAST NEWS: Pop Mart profit soars on overseas sales surge
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) announced Tuesday its net profit for the first half of 2023 jumped 42.3% year-on-year to 477 million yuan ($66 million).…
9992.HK
FAST NEWS: TH International relaunches Popeyes chain in China
The Latest: Restaurant operator TH International Ltd. (THCH.US), which also uses the name Tims China, said on Monday it opened its first restaurant from the popular Popeyes fast food chain…
THCH.US
FAST NEWS: Zhou Hei Ya profit soars on sales rebound
The latest: Food processor and retailer Zhou Hei Ya International Holdings Co. Ltd. (1458.HK) announced Wednesday its revenue rose 19.8% to 1.41 billion yuan ($195 million) in the first half of this…
1458.HK
